Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

how come the calls in advance is 900in question 23 of ts grewal..
Asked by nalinityagi31 | 07 Oct, 2017, 01:24: PM
answered-by-expert Expert Answer
The question specifies that shareholder with 300 shares paid his entire dues along with the first call money. The amount that was uncalled is the final call of Rs 3 per share and has been assumed to be received with the first call. This is the reason Rs 900 has been taken as Calls-in-Advance. 
Also, you can visit the mentioned link for the detailed solution. 
Link: https://www.topperlearning.com/study/cbse/class-12-commerce/accountancy/text-book-solutions/t-s-grewal-part-a-vol-ii-2017/530/company-account-accounting-for-share-capital/2294/b101c504s549e9#view-solution-243678
 
Hope this clarifies your doubt.
Answered by Nikhil Sehgal | 09 Oct, 2017, 09:23: AM

Concept Videos

CBSE 12-commerce - Accountancy
Asked by nalinityagi31 | 07 Oct, 2017, 01:24: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×